The global export distribution of parts of equipment for metallurgy and foundries in kilograms is notably dominated by China, which holds a significant share of 68.36%. Following China, other key players include Italy, India, Germany, and Spain, albeit with much smaller contributions. The data reveals varied year-on-year changes for 2023, with notable increases for countries like Portugal and Greece and decreases for major exporters such as South Korea and Japan. Over the past five years, Portugal and Greece's CAGR highlight rapid growth, while markets like Norway have contracted significantly.
Future trends to watch include:
- Continued dominance of China, although modest declines suggest potential stability or slight decrease as other countries improve their capabilities.
- Rising exports from countries with positive growth trajectories, such as the Philippines and Malaysia, indicating potential new emerging players in this sector.
- Monitoring geopolitical factors and technological advancements that could alter distribution dynamics, particularly in rapidly changing Asian markets.
Top countries in Export of Parts of Equipment for Metallurgy, Foundries Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 68.36 | 2023 | +1.84% | -0.62% | View data |
| 2 | 2 Italy | 4.99 | 2023 | -3.86% | -2.59% | View data |
| 3 | 3 India | 3.75 | 2023 | +3.51% | -0.08% | View data |
| 4 | 4 Germany | 3.53 | 2023 | -3.27% | -3.18% | View data |
| 5 | 5 Spain | 3.27 | 2023 | +3.51% | +0.15% | View data |
| 6 | 6 Czech Republic | 2.36 | 2023 | +0.25% | +0.89% | View data |
| 7 | 7 Thailand | 2.05 | 2023 | +0.46% | +2.49% | View data |
| 8 | 8 Switzerland | 1.58 | 2023 | +0.17% | -0.85% | View data |
| 9 | 9 Poland | 1.31 | 2023 | -1.08% | -2.72% | View data |
| 10 | 10 South Korea | 1.08 | 2023 | -6.91% | -8.43% | View data |
